Newsletter

SOURCE: http://www.latimes.com/politics/la-pol-ca-california-split-three-states-20180612-story.html

A few thoughts on North Korea: We are amazed and continue to be amazed (not in a good way) how the national media continues to bring on pundits to put down anything and everything Trump has done with his dealings with North Korea. Who are these pundits? Mostly people from past administrations that failed to…

Futures are up a wee bit after an eventful evening. Lots of whining and complaining by the media. Our take: it is a great opportunity. May lead to nothing but life is about opportunities. Hopefully, this one is a success. No complaints. Markets have been edging higher. Selling has been limited. Beta has been picking…

SOURCE: https://twitter.com/i/status/1006506403492696064

Everyone asking why markets are not hit today with all the supposed trade trouble around the globe. It is simple…right now, this second, the market does not want to get hit. Simple as that. Remember, it is not the news. It is how things react to the news. Right now, the tape is healthy with…

As we write this, we are seeing many coins down over 10% with some actually down over 20% this weekend. To repeat, we have told you, we are telling you and will continue to tell you this “coin” thing was, is and will be nothing more than another insane bubble. We repeat there are no…

Weird day yesterday. Money flowed out of TECH/RISK and into lower beta. MCD up $7 but saw no news. OILS bounced right off support but we stick with theme that they are now range-bound. Emerging markets continue to act horrid and should be underweight right now. A few countries, namely Brazil for starters and basket…